Because Mainstream Personal Finance Advice Is Not What It Should Be

There’s a great bit of unintentional media self-mockery at CNN.com. It’s a profile of, and video interview with, one of the principal economics reporters at the Wall Street Journal. She’s 23, perky, suspiciously videogenic, and has 18 months of professional experience. She explains her job thusly:

I take really jargon-heavy reports and turn them into ‘No one is ordering U.S. products. So that’s why U.S. manufacturing jobs are being cut. So that’s why your cousin is out of a job.’

3 Comments

It’s the damn Wall Street Journal! There should be no dumbing down of any economic figures. If you don’t understand what the figure means then read the times. Flippin A if they let that little snot write a book I’ll set it on fire.

Disclaimer

All advice in this blog is guaranteed to be worth at least what you paid for it, or double your money back. All persons dealing with matters of personal finance are advised to gather information from blogs, books, radio and TV, consult with professionals, discuss the matter with anybody who will listen, and then make their own decision. Because it’s their money.